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The embattled Corona had taunted his accusers on Thursday, saying: “If you can find [the properties], you can have them.”
But copies of Copies of Transfer Certificates of Title and Condominium Certificates of Title issued by the LRA and obtained by the Inquirer showed condominium units and houses and lots registered in the names of the Corona family members.
In Taguig, host to a number of upscale condominium developments, the family has titles to three luxurious properties, including a 203-sq-m lot at Block 16, Fairgreen corner Pinecrest Streets, in McKinley Hill valued at P16 million. The deed of sale for this property, dated Oct. 21, 2008, is in the name of Charina Corona, with her father as attorney-in-fact.
In its website, Megaworld described McKinley Hill as its “vision of a world-class enclave” in a 50-hectare township featuring a residential block of houses, garden villas and condominiums, a retail complex, a cyberpark and international schools and embassies.
Another Taguig property is a 113.02-sq-m condominium unit at 1902 Spanish Bay Tower, Bonifacio Ridge, registered in the name of the Chief Justice’s wife Cristina. Valued at P10 million, the 2-bedroom unit on the 19th floor comes with a parking slot acquired on Nov. 29, 2005.
Bonifacio Ridge, a project of the Ayala-led Fort Bonifacio Development Corp., is located near the Manila Golf Course and consists of two 18-story towers.
The third Taguig property is the 303.5-sq-m penthouse condominium unit, with three parking slots of 12.5 sq m each, at Bellagio I, which the prosecutors earlier disclosed in a press conference. The deed of absolute sale was signed by Cristina and Renato Corona on Dec. 16, 2009.
The prosecutors earlier said Corona acquired the property for P14 million. Its current market value is pegged at P30 million. A regular Bellagio unit today reportedly costs P100,000 per square meter.
NOTICE TO THE PUBLIC:
This post is not intended to violate copyright infringement law, this post originated from http://www.inquirer.net
This post is not intended to violate copyright infringement law, this post originated from http://www.inquirer.net
